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Buying a Food Truck
Pittsburgh Food Trucks are small vehicles that serve meals on the go. Some are owned by restaurants that use them to extend their brand in the community. Others are operated by individuals or groups of people.

They often park at weekend farmer’s markets, special events and office parks. They may also park on the street temporarily, if they obtain the necessary permits and licenses.
Before you even start considering buying a truck, decide what type of food you want to offer. Your menu will determine your equipment needs and ultimately what options you can take into consideration when you’re looking at buying a truck. The layout of the truck also plays a role in the amount of prep space you’ll need, whether or not you’ll have a commissary or on-board cooking capabilities and if there’s enough room for your ingredients (for example, ice cream trucks tend to need less equipment than fryers and pizza ovens).
Doing market research is crucial to help determine if your concept is viable. It’s important to find out what your competitors are doing in terms of locations, what cuisine they specialize in and how much their food costs.
Aside from the local food scene, you’ll need to consider things like if your location has adequate parking for a truck, health and safety regulations, driving laws, tax and licensing requirements, sanitation ordinances and regulations around temperature control for food. Then there’s the legal side of food truck ownership, such as determining whether to incorporate or operate as a sole proprietorship.
Then you’ll need to get insurance. “Because they’re mobile businesses, food trucks have unique insurance needs,” explains Kaye. “They need general business liability, as well as commercial auto and worker’s compensation.” That’s why many food truck owners turn to an experienced insurance provider for help with getting the coverage they need. In addition to these basic insurance needs, a food truck owner will likely need a specific commercial kitchen policy. This will protect the business from any accidental damage to the food truck or its equipment while it’s being prepared for service.
Creating a Business Plan
Once you’ve got a good idea of the type of food you want to offer, it’s time to turn your business concept into a formal plan. This will help you refine your ideas even more, and it’s a requirement if you hope to secure funding or partners for your new venture.
Creating a business plan will also allow you to identify any regulatory hurdles you’ll need to clear. Some states and cities have specific requirements that you’ll need to address, including zoning laws that determine where you can park, health department regulations on the cleanliness of your truck, and where you can store your vehicle when not in use. You may also need a commissary kitchen or dishwashing equipment for your truck, depending on local rules and regulations.
Your business plan should include a service or product description, a market analysis, and financial projections that show your projected cost to start the business and your expected revenue. Using the cost-to-produce information from your menu, you’ll need to create a pricing structure that makes sense for your target audience and allows you to make a profit. You’ll also need to include a detailed list of any equipment that you will need to purchase for your food truck, including a point of sale system.
You’ll need to decide how you’re going to pay yourself and any employees, if you have any. You’ll also need to set up a bank account and figure out how you’ll handle your recurring expenses, like rent and utilities. It’s a good idea to set up a Google Business profile and update it regularly with your hours, location, menu, photos, and customer reviews.
Getting Started
The startup costs of a food truck are much lower than those associated with opening a brick-and-mortar restaurant, but you’ll still need some funding to get your business off the ground. You can secure financing in a variety of ways, including taking out a small business loan, using an IRA or 401(k) to fund the business, crowdsourcing, or raising a friends and family round.
Before launching your business, you’ll need to establish a legal entity for your food truck. You’ll also need to determine what type of menu you plan to offer, and you’ll want to obtain the necessary licenses, permits, and registrations to operate your truck in your area. This includes a vehicle license, food handling and health permits, parking permits, a fire certificate, and more.
Once you’ve determined the type of business structure, you’ll need to create a detailed business plan that covers your business goals and strategies. This will help you refine your concept and better understand how your business will function, which can lead to more success in the long run. Your business plan should include an executive summary, company description, market analysis, financial projections, and more.
You’ll also need to set up a website, social media accounts, and other promotional materials to promote your food truck business. This will help your customers find you and keep them up to date on new locations, specials, and more. Finally, you’ll need to design a eye-catching logo and menu board that showcases your food and reflects the vibe of your food truck. You can make these yourself or hire a graphic designer for a more professional look. This is an important step as it helps to differentiate your brand from the competition.
Launching
If you’re a food lover and an entrepreneur, launching a food truck may seem like the perfect business opportunity. After all, the U.S. food truck services market is growing and offers many advantages over opening a restaurant, including lower costs and the flexibility to cater to specific markets.
To ensure your food truck’s success, a comprehensive business plan is essential. This plan will help you map out your business from startup to operations and secure any necessary funding. It will also guide you through the steps of vetting your concept, estimating startup costs, and creating a budget for ongoing expenses.
Your food truck business plan will also serve as a roadmap for your launch and growth, helping you identify potential obstacles and set clear milestones. Your initial research should include a competitive analysis and a SWOT (strengths, weaknesses, opportunities, and threats) assessment. It’s also important to determine your niche in the market by identifying culinary trends and determining what you can offer that competitors cannot.
Once you’ve finalized your concept, it’s time to develop a unique menu that embodies your brand. Keeping in mind that your food truck’s cooking process must be fast and of high quality, your menu should consist of dishes that can be prepared quickly while still delivering distinct flavors.
You’ll also need to consider any staffing needs for your food truck. While you can operate a food truck as a solo venture, most owners rely on a team of employees to help prepare and serve customers. In addition, depending on your county’s laws, you may need to obtain food handler’s permits and/or require all staff members to undergo a ServSafe training course.
Staying Vigilant
The food truck business offers a fun and exciting opportunity to serve the public culinary creations. However, it is not without its challenges. One of the most significant challenges is ensuring that your food and equipment are safe. This includes a thorough cleaning and disinfecting of high touch areas and the unit itself every day. Additionally, constant monitoring of the service area and the surrounding environment for pests can help prevent contamination.
Other challenges food truck operators face include traffic and parking issues. These are often not within the control of a food truck operator and can cause delays that can affect sales and profitability. Keeping track of revenue and expenses can help manage these obstacles by identifying opportunities to cut costs or boost revenues.
Another significant challenge is fire safety. Fortunately, new NFPA regulations provide food trucks with the resources they need to stay in compliance with local fire codes and keep themselves and their patrons safe.
Food truck fires are caused by cooking equipment, so it is important to have a fire suppression system installed on your vehicle. It is also a good idea to regularly check your fire alarm and have an emergency exit plan in place. Additionally, make sure your crew members are properly trained in food handling and preparation techniques.
Finally, always park in well-lit locations, as this can deter thieves and vandalism. Moreover, don’t leave large sums of cash in or around your vehicle, as this can attract unwanted attention. It is recommended to keep only the amount of cash necessary for a transaction and to use an ATM whenever possible. Additionally, some food truck owners have switched to only accepting card payments in order to eliminate this risk altogether.